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Intel Corp To Buy Security Software Maker McAfee For 7.7 Billion In All Cash Deal

Intel Corp To Buy Security Software Maker McAfee For 7.7 Billion In All Cash Deal

According to reports, Intel Corp., the world’s largest semiconductor chip maker, will acquire security software maker McAfee, for 7.7 billion in an all cash deal. Intel will pay $48 a share in cash for each share of McAfee, a 60% premium to Wednesday’s closing price. Intel said the deal “elevates focus on security on par with energy-efficient performance and connectivity” […]

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